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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an update.
Lion Finance Group PLC announced a transaction involving the repurchase of 3,000 ordinary shares as part of its ongoing share buyback and cancellation program. This strategic move, executed by Cavendish Capital Markets Limited, is part of the company’s efforts to manage its capital structure and enhance shareholder value. The repurchased shares will be held in treasury until cancellation, affecting the total number of voting shares and potentially impacting shareholder calculations under FCA regulations.
The most recent analyst rating on (GB:BGEO) stock is a Buy with a £10700.00 price target. To see the full list of analyst forecasts on Bank of Georgia Group Plc stock, see the GB:BGEO Stock Forecast page.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with main subsidiaries providing banking and financial services in the high-growth Georgian and Armenian markets through Bank of Georgia and Ameriabank. The company focuses on customer-centric, universal banking services, aiming to drive business growth, sustain high profitability, and generate strong returns while contributing positively to the communities it operates in.
Average Trading Volume: 65,677
Technical Sentiment Signal: Buy
Current Market Cap: £4.06B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.